Quote from: madhavsinghrajput on June 10, 2020, 05:48:14 AM

yes it is all over the news making headline.
https://www.bloombergquint.com/business/cryptocurrency-market-fashions-its-indian-comeback
People are bullish on bitcoin.Coin DCX one of india's exchage said and i quote "“We saw nearly a 10x spike in sign-ups, post the Supreme Court judgement." and that is overwhelming. They also said there is growth of 78.36% in BTC/INR trading.
Ajeet khurana former head of the BAAC said and i quote""Two factors are driving up volumes. First, most volumes on crypto exchanges are trading volumes and some traders have come back to the market post the SC judgment. It is largely not fresh investor money pouring in yet. If the latter had happened the price of say bitcoin would've been far higher than it is. This is because fairly small fiat currency inflows change cryptocurrency price in a big way".
I personally feel that this will force new investors to get into this market.
Please find above information and more on below link
https://www.livemint.com/money/personal-finance/crypto-trading-rises-in-india-after-sc-overturns-rbi-payments-ban-11587466139986.html

I do not doubt the numbers quoted in these news reports, but most of the times these kind of news is sponsored. Especially by the people/organizations which are quoted in the news.

Apart from the rise in volumes, we also need to look into that how many new user registrations/KYC have been done in these Indian exchanges. This will give a clear picture, to the extent Crypto investment/trading is picking up in masses in India. I have tried to reach out to different exchanges in the past for this information, but none of them was willing to share it for obvious reasons.

Pls. note Crypto is a very new asset class and most of the educated people also have very less idea as to how to go about it. And then the negative news about government policy on this from time to time only weakens the confidence of common folks in getting started with it.